1. Net cash flows from operating activities are....(hint: dont forget about net income).

1. Moore's Family Restaurant
   Assets & Liabilities as of 12/31/17					Assets & Liabilities projected to 12/31/18
   	ASSETS				ASSETS
   	Cash	$492,118.00			Cash	$589,118.00
   	Accounts Receivable	$29,000.00			Accounts Receivable	$49,095.00
   	Inventories	$30,000.00			Inventories	$30,000.00
   	Prepaid Expenses	$2,000.00			Prepaid Expenses	$11,000.00
   	Total Current Assets	$553,118.00			Total Current Assets	$679,213.00
   	Building	$727,460.97			Building	$760,000.00
   	Equipment	$14,500.00			Equipment	$18,000.00
   	Fixtures	$33,320.00			Fixtures	$35,500.00
   	Total Fixed Assets	$775,280.97			Total Fixed Assets	$813,500.00
   	Total Assets	$1,328,398.97			Total Assets	$1,492,713.00
   	LIABILITIES				LIABILITIES
   	Accounts Payable	$57,432.00			Accounts Payable	$137,566.00
   	Wages and Benefits Due	$16,516.59			Wages and Benefits Due	$29,543.00
   	Estimated Taxes and Fees	$6,013.00			Estimated Taxes and Fees	$8,013.00
   	Total Current Liabilities	$79,961.59			Total Current Liabilities	$175,122.00
   	Long Term Loan	$70,000.00			Long Term Loan	$70,000.00
   	Total Long-Term Liabilities	$70,000.00			Total Long-Term Liabilities	$70,000.00
   	Owner Equity	$1,178,437.38			Owner Equity	$1,247,591.00
   	Total Liabilities and Owner Equity	$1,328,398.97			Total Liabilities and Owner Equity	$1,492,713.00

Moores Familay Restaurant Financial Data		2017	2018 (Present Day)	2019 Budget Forecast
Budget Worksgheet
Sales		$1,642,896	$1,766,296	$2,002,978
Cost of Product		$697,211	$597,211	701,042
Labor		$330,772	$340,695	349,212
Benefits		$79,872	$114,519	122,224
Utilities		$54,340	$50,644	$58,241
Loan Principle Repayments		$0	$0	$0
Insurance & Property Taxes		$110,000	$110,000	$110,000
Services (accounting, trash, cleaning, etc.)		$41,051	$43,908	$105,494
Other: SG&A, advertising, promostions		$77,629	$84,771	$93,248
Total Costs		$1,390,875	$1,341,748	$1,539,462
Earnings Before Interest, Income Taxes, & Depreciation (EBITD)		$252,021	$424,548	$463,516
Interest on loan		$3,500	$3,000	$3,000
Income Taxes		$70,566	$118,873	$129,784
Depreciation on values		$71,176	$61,777	$61,177
Earnings After Interest, Income Taxes, & Depreciation		$106,779	$240,897	$269,555
Meals Sold		243,392	252,328	272,514
Average Meal Value		6.75	7.00	7.35